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Dave Carey of the Canadian Canola Growers Association told a Canadian parliamentary trade committee that non-tariff trade barriers are increasingly threatening agricultural trade. He noted Canada exported C$14.4 billion of canola products in 2022 and that most trade relies on CUSMA, CPTPP and CETA.
The testimony reflects policy concern over market access, but it contains no new trade action or volume change, so it has little direct effect on feed commodity prices.
openparliament.caMay 15, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
